Bleakley Financial Group LLC Sells 217 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Bleakley Financial Group LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,517 shares of the company’s stock after selling 217 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $610,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DVY. Addison Advisors LLC grew its position in iShares Select Dividend ETF by 107.1% during the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after acquiring an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Select Dividend ETF during the second quarter valued at about $30,000. ORG Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the second quarter valued at approximately $32,000. Family Firm Inc. acquired a new position in shares of iShares Select Dividend ETF in the second quarter valued at approximately $36,000. Finally, ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF in the 3rd quarter valued at approximately $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY opened at $135.34 on Tuesday. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $137.26. The company’s 50 day moving average price is $133.22 and its two-hundred day moving average price is $126.43. The firm has a market capitalization of $20.23 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

About iShares Select Dividend ETF

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.